Jamie Dimon says shutdown could reduce economic growth to zero this quarter if it continues

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The ongoing government shutdown is bad for the economy, according to JP Morgan CEO Jamie Dimon. 'Someone estimated that if it goes on for the whole quarter, it can reduce growth to zero.'

Source: Financial Digest (financialdigest.net)

 

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That’s what the democrates what

CGasparino Yes maybe true, but how bad is it not having a healthy immigration system? The Wall helps control that , right? What’s the “ real cost” of doing nothing?

Well once it effects the DonorBase & Jamie Dimons of the world, we will see a deal that same day. TSAWalkout is a good start.

Not as bad as realDonaldTrump has been superlative for the economy for many consecutive quarters. We can risk a couple of quarters. The end result I’ll be very positive. Build the fucking wall. MAGA🇺🇸🇺🇸

MyraDSirois1 Let's see..................University, airline, vodka, wine, water, steaks, casino, magazine, mortgages, TowerTampa & many fallen TTowers, marriage, honesty, Hope Hicks, friends, China, North Korea, KSA, USA, dogs, cuisine FAILURE

So we’d be back at Obama numbers?

In other words the shutdown keeps the fed from raising rates which is what trump has wanted all along.

But we have the “Greatest Economy In History!” Trump told us. How is that possible

Coast Guard, TSA, NASA, IRS forced to work without pay

It could very well go on a year

Always excited to hear from fucking Jamie Dimon.

Shortsighted bastard. In the long run the wall will save bazillions. Include the trickle down, quadrillion bazillions. Someone want to ask Jaime to own up to the total truth ?

Dysfunctional system. Better trying to sell US democracy to the world, sort out huge national debts & governments shutdowns that affects ordinary people.

That's the point. Wake up y'all. Trump and McConnell are traitors.

so, let’s take the market higher!

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